I've been meaning to write an update in market conditions for some time, but the answer today is the same as it's been for a few years. Prices continue to steadily rise, inventory is still low. Most values have exceeding their pre-recession highs, but some have not with differing conditions in different developments. Modern finishes continue to command a premium, and there continues to be a considerable amount of new construction.

Construction continues in Upper Deer Valley and Empire Pass with Goldener Hirsch Residences coming along and Empire Residences has started committing to purchase contracts. One Empire Pass is now complete and is spectacular with very few units left. At

New Listing: Single Family Home near Park City with Amazing Views

12529 N. Deer Mountain Blvd Heber City Utah 84036

5 bedroom 3 Bathroom 4250 square feet

$929,000

I just listed this newer construction spacious home located in the Deer Mountain neighborhood which is just a short drive to downtown Park City. This home offers amazing unobstructed views of the Deer Valley ski area and Jordanelle Reservoir. There is a main level master bedroom suite. The Seller also recently added a heated driveway and walkway that can be controlled with wifi.

Enjoy your evenings on the large covered deck.

Modern Kitchen and Open Floor Plan

This home is perfect for those that have large gatherings. There is a large family room on the

Whether a quick day-trip or a weekend getaway, fall is a great time to visit. The town is pretty quiet, which means you can walk right into your favorite restaurant and get a table, though call ahead to be sure that they're open. It's also easy to get into houses, condos, and especially ski properties since most of the ones on the market will be vacant. In between you can go on a hike, ride your bike, or take in a show at the Egyptian Theater. For the budget minded, lodging rates rates are at their lowest. So come on out and see us!

Did you watch the premiere of Blood & Oil last night and hadn't realized that North Dakota had such beautiful mountains? That's because the show is the very first to be filmed at the new Park City Film Studios on Rt.248 (Kearns Blvd.) near US-40, across the road from the hospital and the Quinn's Junction Sports Complex. The pilot was shot here in March, and in coming weeks you may recognize some of the scenes that were shot on locations on Main Street, including the No Name Saloon.

A new neighborhood called Park City Heights is just starting to spring up on the land behind the film studio and up against the mountains the other side of the northeastern end of Lower Deer Valley. I just checked with the developer, and they anticipate starting

Spring and fall are great times to visit Park City and look at homes for sale. These are quiet seasons in town and not only are restaurants and trails less crowded, but you're much more likely to be able to get in to see homes for sale since vacation rentals and second homes are likely to be vacant during these times.

Many restaurants in Park City offer discounts during the off-season, often advertising specials in our local paper, the Park Record. One of these is Burgers & Bourbon. A year or two ago, the Montage took the bar area of their flagship restaurant Apex and rebranded it as a more casual dining option with its own menu. Ordinarily, you could easily spend upwards of $80 - $100 per person. However, when we bring your own bottle of wine, pay

Deer Valley Area

Single Family Home Sales History

Below you will find single family home sales history for areas at Deer Valley Resort between 2011 to 2013. The data includes number of sold homes, median sold prices, median sold price per square foot, average days on the market and the average percent of sold price to list price. There is the Lower Deer Valley Area, Upper Deer Valley Area, Deer Crest Area and Empire Pass Area. Each location offers a different kind of setting depending on what you are looking for so I seperated the data for each unique area located in the Deer Valley Area. You will see in 2011 no homes sold in the Empire Pass area. There are fewer homes in general in this area which is why there tend to be fewer sales. As March

St. Regis Deer Valley Sales History

Below you will find the sales history from 2011 to 2013 for sold condos at the luxury ski in ski out condo hotel St.Regis Deer Valley. As of March 15, 2014, there have been 2 condos that have sold at the St.Regis with a median sold price of $2,510,000 and median sold price per square foot of $1,215. Pricing for condos for sale at the St.Regis Deer Valley will vary based on the condo's location in the building and the views from the condo.

Visit St Regis Deer Valley Condos for sale to search all currently listed condos for sale at the luxury ski in ski out St.Regis condo hotel at Deer Valley Resort.

Montage Deer Valley Sales History

Below you will find the sales history for 2011 to 2013 for sold condos at the Montage at Deer Valley Resort. The Montage Deer Valley is a luxury ski in ski out condo hotel with many wonderful amenities. I personally have enjoyed on many occassions their restaurant Apex. So far as of March 15 2014, three condos have closed for 2014. The median sold price for those sold so far this year has been $3,600,000 and the median sold price per square foot has been $1,377. As you can see in the Sales History table that the median sold price per square foot from 2011 to 2013 went up about 7.7%. Location in the building and views play a big part on the pricing of a condo at the Montage Deer Valley.

Deer Valley Real Estate Market Update

January 2014

This Deer Valley Real Estate Market Report combines data from Lower Deer Valley, Upper Deer Valley, Empire Pass and Deer Crest. The data is broken down to Single Family Homes and Condos which includes Median Sold Prices, Inventory and Days on the Market.

Click Here to Search all Deer Valley Homes and Condos currently listed for Sale

Call Local Park City Utah Realtor Julie Olsen at 435-513-2848 or email Julie@BestSkiProperty.com to help your search.

Deer Valley Resort Condos & Townhomes

Median Sold Prices 2013

Here is the trend for median sold prices for Condominiums and Townhomes at Deer Valley Resort for 2013. The areas included are Lower Deer Valley, Silver Lake/ Upper Deer Valley, Deer Crest and Empire Pass. The median sold price for December 2013 is up 15% compared to December 2012.

Call Julie Olsen at 435-513-2848 a Local Park City Realtor to help your search.

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Client Testimonials

Just wanted to thank you again for helping us find a beautiful condo in Deer Valley. Bob and I spent this past weekend at our condo and really loved it. Great combination of feeling like home, but without the clean-up or home-management responsibilities… Bob and Michele